GENI vs QQQ: Correlation
How closely do Genius Sports Limited (GENI) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GENI and QQQ?
Over the past 3 years, GENI and QQQ moved with a correlation of 0.34, which is moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 374.1 %².
Among the 11 assets we track against GENI, QQQ sits near the bottom by co-movement, at rank #8. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 64.2 percentage points (-37.9% for GENI against +26.3% for QQQ). Note the risk asymmetry: GENI runs 2.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
GENI vs QQQ: side by side
| GENI (Genius Sports Limited) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -37.9% | +26.3% |
| 5-year return | -59.5% | +95.4% |
| Volatility (ann.) | 55.6% | 19.6% |
| Beta vs S&P 500 | 1.37 | 1.28 |
| Max drawdown (3Y) | -71.1% | -22.8% |
| Market cap | $2.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | GENI | QQQ |
|---|---|---|
| 2022 | -53.0% | -32.6% |
| 2023 | +73.1% | +54.9% |
| 2024 | +40.0% | +25.6% |
| 2025 | +27.4% | +20.8% |
| 2026 | -27.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GENI and QQQ good diversifiers for each other?
Reasonably. At 0.34, GENI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GENI and QQQ?
The GENI/QQQ correlation stands at 0.34 on a 3-year window (1 year: 0.38, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for GENI?
Reasonably. At 0.34, GENI and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/geni-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/geni-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GENI correlations · QQQ correlations
